India takes top rank in world artificial intelligence race, shows data

The emergence of artificial intelligence (AI) has resulted in a clear division between countries at the forefront and those behind. According to a recent report by NetApp, a prominent data infrastructure company, nations such as India, Singapore, the United Kingdom, and the United States (US) are leading the charge in AI adoption and innovation. Conversely, countries like Spain, Australia, and Germany are identified as laggards in this technological advancement.

The report, conducted in collaboration with Savanta, surveyed over 1,300 executives across ten countries to gauge AI implementation status in various industries. It revealed that 60% of companies in leading countries have already initiated and operationalized AI projects. In contrast, only 36% of companies have embarked on similar AI initiatives in countries trailing behind. This disparity underscores the growing importance of AI in driving economic growth, innovation, and competitiveness on a global scale. Nations that are proactive in embracing AI technology are likely to enjoy significant advantages in various sectors, including finance, healthcare, manufacturing, and transportation. Meanwhile, those slower to adopt risk falling behind in the race for technological supremacy and the associated benefits it brings.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.